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Shares of infrastructure companies today gained on hopes of more reforms in the federal budget to be announced tomorrow.
GMR Infrastructure Ltd gained 1.7 per cent, GVK Power & Infrastructure surged 2.3 per cent, Adani Port and Special Economic Zone Ltd rose 1.2 per cent, and Reliance Infrastructure Ltd gained 1 per cent.
The Government may give more thrust to infrastructure in the federal budget due on February 28, analysts say.
Measures could be announced to attract investments, and revive investment cycle in infrastructure space, according to some analysts.
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